The Pefondes Social Economy Prize launches...

by Startacus Admin

We all know that unemployment is an issue throughout Europe at the moment and indeed has been for the past few years. It stands to sense then that with such a major social problem, there are always people trying to come up with innovative solutions, so it’s good to hear of any organisations and bodies who aim to reward and recognise those initiatives.One such organisation is the Network of the Foundations for Social Economy or to use its slightly more catchy title, Pefondes.

Pefondes have recently launched a competition "For Youth Employment in the Social Economy” aimed specifically at young social economy enterprises in the European Union or Morocco which have been set up by young people and which have created employment opportunities for young people in those same geographic areas.

For the purposes of this competition, young people are deemed to be those aged between 18 and 30 years old and must be resident in the EU or Morocco to be eligible to enter.The social enterprises that they have created must have been established between 15 May 2011 and 15 November 2012 and have been founded by at least two young people.

All entries will be judged on a range of criteria including the number, quality and longevity of the jobs that they create for young people, the degree of social or technological innovation that they offer and whether there is the scope for them to be expanded into other EU countries or Morocco. The winning entry will receive a prize of €5000 which as anyone in the social economy sector will vouch for, would be very well appreciated in these challenging times we’re in!

If you’re interested in applying or you perhaps know someone who should, it can be done by simply completing an online application form on the Pefondes site - all entries must be in by May 15 2013 - so get on it now while there’s still time!

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